expiring relief packages and (4) the rising political uncertainty Meanwhile, in the auto industry, the total number of car sales for the first eight months of this year stood at 456,872 units, contracting by
. This was mainly from the continuous expansion of studio business in Singapore and healthy food business. The Company recorded share of profit from Absolute Yoga of Baht 1.95 million in this quarter
because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing
total loans ratio for 1Q21 increased to 3.2%1 from 2.9% at the end of 2020 mainly from loans exiting from the relief program. The Bank current level of capital remains strong and is above the minimum
Company also complies with the Bank of Thailand to provide the relief measurements to assist our customers by reducing minimum payment for credit card and personal loan as well as providing a grace period
36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management
, which sales reported growth approximately 250%. The Company also expanded Omnichannel model to Italy by launching an e-commerce website called www.rinascente.it in June. - Property and Store expansion
several relief measures being rolled out by the government. Since the beginning of the outbreak, the Company has committed to support and operate in compliance with the government’s measures and orders
of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the
the maximum tax rates applicable. However, under the royal decree of transitional relief announced in 18 Janurary,2020, BAM as an AMC will receive a 90% tax relief discount on properties that are being